19 May 2023debt financing● Neutral
W&T amended its credit agreement (by now administered by Alter Domus rather than its longtime agent Toronto Dominion) to carve out newly formed guarantor-subsidiary trusts from the collateral package.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
10 May 2023quarterly activities report● Neutral
W&T OFFSHORE INC reported quarterly revenue of $131.7 million and net income of $26.0 million for the period ended 2023-03-31.
9 May 2023quarterly activities report● Neutral
W&T OFFSHORE INC reported quarterly revenue of $131.7 million and net income of $26.0 million for the period ended 2023-03-31.
2 May 2023director interest notice● Neutral
Nancy T Chang became a W&T OFFSHORE INC director and company insider (initial ownership filing).
9 Feb 2023substantial holder notice● Neutral
The Vanguard Group disclosed a new substantial W&T OFFSHORE INC shareholding (6.99% of votes).
30 Jan 2023debt financing● NeutralMajor
W&T issued $275 million of new 11.75% second-lien notes due 2026 and combined the proceeds with cash on hand to redeem all $625 million of its 9.75% second-lien notes due 2023 ahead of maturity - refinancing about half the balance with cash and half by rolling into shorter-dated, higher-coupon notes.
4 Jan 2023director interest notice● Neutral
W&T OFFSHORE INC EVP & Chief Operating Officer William J Williford exercised stock options for 26,082 shares and disposed of 37,729 shares.
4 Jan 2023director interest notice● Neutral
W&T OFFSHORE INC EVP & Chief Financial Officer Sunghee Janet Yang exercised stock options for 26,082 shares and disposed of 37,729 shares.
4 Jan 2023director interest notice● Neutral
W&T OFFSHORE INC VP & Chief Accounting Officer Bart P. Hartman III exercised stock options for 6,118 shares and disposed of 8,850 shares.
4 Jan 2023director interest notice● Neutral
W&T OFFSHORE INC EVP,Gen Counsel&Corp Secretary Jonathan Charles Curth exercised stock options for 5,834 shares and disposed of 8,439 shares.
4 Jan 2023director interest notice● Neutral
W&T OFFSHORE INC Chairman, CEO & President Tracy W Krohn exercised stock options for 157,737 shares and disposed of 197,754 shares.
9 Nov 2022quarterly activities report● Neutral
W&T OFFSHORE INC reported quarterly revenue of $266.5 million and net income of $66.7 million for the period ended 2022-09-30.
9 Nov 2022quarterly activities report● Neutral
W&T OFFSHORE INC reported quarterly revenue of $266.5 million and net income of $66.7 million for the period ended 2022-09-30.
8 Sept 2022substantial holder notice● Neutral
BlackRock, Inc disclosed a new substantial W&T OFFSHORE INC shareholding (4.70% of votes).
8 Aug 2022quarterly activities report● Neutral
W&T OFFSHORE INC reported quarterly revenue of $273.8 million and net income of $123.4 million for the period ended 2022-06-30.
8 Aug 2022quarterly activities report● Neutral
W&T OFFSHORE INC reported quarterly revenue of $273.8 million and net income of $123.4 million for the period ended 2022-06-30.
21 June 2022director interest notice● Neutral
W&T OFFSHORE INC officer Jonathan Charles Curth received a stock option grant for 17,502 shares.
15 June 2022director interest notice● Neutral
Jonathan Charles Curth became a W&T OFFSHORE INC officer and company insider (initial ownership filing).
31 May 2022director interest notice● Neutral
W&T OFFSHORE INC Chairman, CEO & President Tracy W Krohn received a stock option grant for 251,622 shares.
31 May 2022director interest notice● Neutral
W&T OFFSHORE INC SVP & Chief Technical Officer Stephen L Schroeder received a stock option grant for 114,531 shares.
31 May 2022director interest notice● Neutral
W&T OFFSHORE INC EVP & Chief Operating Officer William J Williford received a stock option grant for 54,050 shares.
31 May 2022director interest notice● Neutral
W&T OFFSHORE INC EVP & Chief Financial Officer Sunghee Janet Yang received a stock option grant for 54,050 shares.
31 May 2022director interest notice● Neutral
W&T OFFSHORE INC VP & Chief Accounting Officer Bart P. Hartman III received a stock option grant for 12,226 shares.
9 May 2022director interest notice● Neutral
Bart P. Hartman III became a W&T OFFSHORE INC VP and CAO and company insider (initial ownership filing).
5 May 2022director interest notice● Neutral
W&T OFFSHORE INC director Daniel O. Conwill IV received 14,142 shares as part of the equity award.
5 May 2022director interest notice● Neutral
W&T OFFSHORE INC director B Frank Stanley received 14,142 shares as part of the equity award.
5 May 2022director interest notice● Neutral
W&T OFFSHORE INC director Virginia Boulet received 14,142 shares as part of the equity award.
4 May 2022quarterly activities report▼ Bad
W&T OFFSHORE INC reported quarterly revenue of $191.0 million and a net loss of $2.5 million for the period ended 2022-03-31.
3 May 2022quarterly activities report▼ Bad
W&T OFFSHORE INC reported quarterly revenue of $191.0 million and a net loss of $2.5 million for the period ended 2022-03-31.
23 Mar 2022director interest notice● Neutral
W&T OFFSHORE INC officer Shahid Ghauri sold 116,411 shares at $4.50.